Capita receives Lloyd's approval

Lloyd's of London building

Capita Managing Agency, part of the Capita Group, has announced that it has received approval from Lloyd’s to manage live syndicates.

Capita Managing Agency has also received approval from Lloyd’s to manage a new syndicate which will commence underwriting on 30 June, 2010.

Syndicate 2232 will be capitalised by a subsidiary of Allied World Assurance Company Holdings. The syndicate will offer select product lines, which include international property, general casualty, professional lines and international treaty, targeted at key territories such as countries in Latin America and the Asia Pacific region.

Iain Bremner, chief

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